Pennsylvania shipper settles export violations
Sermatech International of Pottstown, Pa., agreed to pay civil penalties in the amount of $17,500 to settle charges by the U.S. Commerce Department that it violated the country’s export control regulations.
The Commerce Department’s Bureau of Industry and Security alleged that on five occasions between July 9, 2002 and Feb. 2, 2004 Sermatech exported technical information about coating, brazing and repair welding on components of gas turbines to its joint venture in South Korea, Sermatech Ltd., with an expired export license.
The department said Sermatech voluntarily self-disclosed the violations and cooperated with investigators.
Pennsylvania shipper settles export violations
